US: Coach Q4 profit falls 32% on spending shift

Lower sales to department stores and other channels, coupled with a shift in spending as cash-strapped shoppers sought out deals in its factory outlets, have pushed luxury handbag and accessories maker Coach Inc to a 31.8% drop in fourth quarter profit.

Get full access to all content, just $1 for 30 days

A Message From The Editor

just-style gives you the widest apparel and textile market coverage.

Paid just-style members have unlimited access to all our exclusive content - including 16 years of archives.

I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.